The employees actually work for SDI Marketing, a firm hired by PC Financial to get shoppers to sign up for its MasterCard products. Former SDI employees told a CBC Go Public team that they were hired after a two-minute phone interview, received zero training, and were pressured into signing up 50 customers in a six-hour shift.

This type of willful deceit gets my blood boiling and makes a nice segue into another infuriating story, this one about an Airdrie, Alberta woman who regrets buying into a group RESP.

“The mother of two said she wanted to transfer about $3,000 from an RESP she bought into through the Canadian Scholarship Trust (CST) in April 2013, and was surprised to learn it would cost around $2,000 in fees to do so.”

This Week(s) Recap:

No weekend reading last week because our family was dealing with some sort of plague. With that behind us we have some catching up to do. First off, we need to give away a copy of How To Think About Money. I reviewed this book a couple of weeks ago and we had an amazing 91 entries in the contest. Thanks for leaving such thoughtful comments about your favourite personal finance books.

And the winner of the book is ‘HJ’ who left a comment on January 16th at 9:00am. Congratulations, and look for your copy of How To Think About Money to arrive in the mail next week.

Another head scratcher from the Financial Post where this couple worth $3.3M is worried they won’t be able to make ends meet after the husband gets laid off from his six-figure job (the wife also earns six-figures). They’ll be just fine.

Graeme Falco kind of disagreed with my argument that millennials don’t get the latte factor.

“Yet among the most compelling causes are younger family members who are ill-prepared or unwilling to shoulder the responsibility of wealth stewardship. They have grown up with plenty of money and are a step or two removed from the work ethic and drive of the people who made it for them.”